Hitbtc?
Never like that exchange lol
It just the matter of time Hitbtc will exit scam/close down
Furthermore
Their withdrawal is very pricey
Topic: What Might Be The First Exchange To Close Down or Exit Scam in 2020? - page 2. (Read 444 times)
January 09, 2020, 03:49:18 AM
January 09, 2020, 01:45:56 AM
It's kinda ironic that we even need to discuss this, as the need for centralized exchanges is slowly fading away, day by day. The demand for DEX's is increasing, and fast. Sure I understand the sceptics out there, but let's face it. It's gonna happen slowly, but surely.
Most people are SICK and tired of KYC, exchange hacks, wallet maintenances at the worst possible times, and the list goes on and on.
Blocknet is leading the DEX development, and is a project I'm personally watching very closely. https://blockdx.com/
It makes me sick, that these centralized exchanges could at any time run away with everyones money, under the disguise of being "hacked".
Most people are SICK and tired of KYC, exchange hacks, wallet maintenances at the worst possible times, and the list goes on and on.
Blocknet is leading the DEX development, and is a project I'm personally watching very closely. https://blockdx.com/
It makes me sick, that these centralized exchanges could at any time run away with everyones money, under the disguise of being "hacked".
January 08, 2020, 07:29:04 PM
Actually knowing it wouldnt really be possible but somehow into their current reputation and performance we can somewhat tell that they wont last long but those things would just remain presumptions.Just like what we do saw in Yobit exchange and i thought it would exit scam anytime on previous years but i was wrong yet they are still alive and kicking.Knowing it first is impossible until we suddenly received a news of about closure either an exit scam or simply they closed its doors due on being unprofitable.
January 08, 2020, 02:39:19 PM
I think HitBTC is going to be the one to exit scam this year, I do salute their resilient because I have been looking for the day they would get disappear. They exhibit all the features one need to look out for in a scam exchange, fake volume, fake order, endless delay of withdrawals, bad support to name few. I would advice people to only trade their if the tokens is only listed on the exchange
January 08, 2020, 10:45:58 AM
The reality is that ANY centralized exchange has the potential to Close Down, Exit Scam or just plain Scam & all of them probably will at some point - it's what they have always done. Using a decentralized currency on a centralized platform goes against the very core of crypto & is why so many people get scammed. The only way to stop this happening is to use decentralized exchanges, always has been & always will be.
January 06, 2020, 09:02:34 PM
@kotwica666 - I have kept the contents of your post for which I thank you but since you did not comply with the Please Note section your post was deleted for reasons stated in that section.
Quote
Exactly 24 hours ago I received an email with this information from LEX exchange (https://lex.exchange/)
On their dashboard is this information:
If they warn, this is not an exit scam, but unfortunately the next exchange is closing.
On their dashboard is this information:
Quote
IMPORTANT ANNOUNCEMENT: ACTION REQUIRED Lex Exchange is ceasing all operations and closing down, the last day of trading will be 31st January 2020. Please withdraw your Cryptocurrency to an external wallet controlled by you as a matter of urgency. Any Cryptocurrency not withdrawn by the end of the month incur significant processing fees to recover.
If they warn, this is not an exit scam, but unfortunately the next exchange is closing.
January 06, 2020, 08:21:58 PM
2020 has started but the scams and shady practices of exchanges shows no real signs of abating. It is still a case of scammers will scam but which exchanges will we be saying goodbye to or good riddance to in 2020? Last year in December 2019 we saw Cryptobridge shut down and not much noise about scamming there so there are non-scam related reasons for shutting down to consider too.
Do you have any exchanges in mind that just might close down because of lack of business or force of regulation, or one that just might steal all funds held there by virtue of an exit scam in 2020? Maybe some exchanges that are already selective scamming users regularly are in your sights as candidates for closing down, maybe you have other criteria which you feel will need to be fulfilled before an exchange closes down.
I am listing my views below:
- I think none of the exchanges operated by scammer Valerii Solodovnyk from Ukraine who runs scams such as coinsbit, p2pb2b, whitebit and many others because all the evidence points to him being out there to play a long game and he has a desire to probably maximise any funds gained in any of his scam exchanges before actually running off. Most probably coinsbit and p2pb2b will continue to selective scam users and charge $100,000 to list coins and tokens because they keep advising potential project owners to check their (fake) trading volumes on Coinmarketcap.com
- Even with all the allegations of selective scamming by HitBTC, I think it will remain a case of just selective scamming. They will probably see out the whole year, they will not either close down or exit scam their way out
- Tradesatoshi: now this is one exchange I think just might be exit scamming some time in 2020 and it will try to take as much crypto as it can before slipping in to the sunset so I would advise to beware of that one
- Yobit has been spending money on one campaign after another since late September (or early October) 2019 and even though I would not be unhappy in the slightest if they went out of business (just for the sake of stop getting headaches seeing their promoted signatures all over the place) the truth is they are making enough money from the investbox scam and IEOs (some of which have been suggested they are definitely in-on-the-scam) to fund their ridiculous signature campaign so they will definitely not be going out of business in 2020
PLEASE NOTE: This thread will be self-moderated because those posting here with Yobit banners displayed will probably have their posts deleted as soon as I see them. Yobit has been outed by too many users as a scam and for that reason if gullible users or newbies see this thread full of posts showing a Yobit signature campaign they might end up falling victim seeing it as being promoted in an exchange related thread. Those displaying Yobit signature campaigns have the rest of the whole of the forum to promote it. Furthermore, if I think posts might have some worthwhile content but were made just for the sake of promoting a banner or flooding the thread with a particular banner, I will probably delete them too.
Do you have any exchanges in mind that just might close down because of lack of business or force of regulation, or one that just might steal all funds held there by virtue of an exit scam in 2020? Maybe some exchanges that are already selective scamming users regularly are in your sights as candidates for closing down, maybe you have other criteria which you feel will need to be fulfilled before an exchange closes down.
I am listing my views below:
- I think none of the exchanges operated by scammer Valerii Solodovnyk from Ukraine who runs scams such as coinsbit, p2pb2b, whitebit and many others because all the evidence points to him being out there to play a long game and he has a desire to probably maximise any funds gained in any of his scam exchanges before actually running off. Most probably coinsbit and p2pb2b will continue to selective scam users and charge $100,000 to list coins and tokens because they keep advising potential project owners to check their (fake) trading volumes on Coinmarketcap.com
- Even with all the allegations of selective scamming by HitBTC, I think it will remain a case of just selective scamming. They will probably see out the whole year, they will not either close down or exit scam their way out
- Tradesatoshi: now this is one exchange I think just might be exit scamming some time in 2020 and it will try to take as much crypto as it can before slipping in to the sunset so I would advise to beware of that one
- Yobit has been spending money on one campaign after another since late September (or early October) 2019 and even though I would not be unhappy in the slightest if they went out of business (just for the sake of stop getting headaches seeing their promoted signatures all over the place) the truth is they are making enough money from the investbox scam and IEOs (some of which have been suggested they are definitely in-on-the-scam) to fund their ridiculous signature campaign so they will definitely not be going out of business in 2020
PLEASE NOTE: This thread will be self-moderated because those posting here with Yobit banners displayed will probably have their posts deleted as soon as I see them. Yobit has been outed by too many users as a scam and for that reason if gullible users or newbies see this thread full of posts showing a Yobit signature campaign they might end up falling victim seeing it as being promoted in an exchange related thread. Those displaying Yobit signature campaigns have the rest of the whole of the forum to promote it. Furthermore, if I think posts might have some worthwhile content but were made just for the sake of promoting a banner or flooding the thread with a particular banner, I will probably delete them too.
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